Fidelity

If you plan to invest in ETFs, you must have heard about Fidelity and considered it an option. But what exactly is Fidelity?

In the world of Exchange-traded funds or ETFs, the ETF issuer or provider plays an important role. Since the market begins and ends with the issuer, understanding it is crucial for you as an investor.

Let's get into it!

What is Fidelity?

Fidelity is an American multinational financial service corporation established in 1946. It is one of the largest asset managers in the world.

The company operates a brokerage firm and manages a large mutual fund family. Further, it provides fund distribution, retirement services, index funds, and investment advice.

Besides the services above, they also have cryptocurrency, securities execution, clearance, and life insurance.

Fidelity Investments Inc. is a great option to consider should you ever plan on investing with such broad capabilities.

How many ETFs does Fidelity have?

Fidelity has a total of 33 ETFs traded on the U.S. markets. It has total assets under management of $24.81B.

Thus, we can all agree that Fidelity is one option you can consider best. If you plan on investing through its ETFs, you can be confident about your investments.

How much money does Fidelity Have under management?

Fidelity has $24.81 billion in assets under management. It comes across equity, fixed income, cash management, alternative investment, real estate, and advisory strategies.

Is Fidelity a hedge fund?

Fidelity is not a hedge fund. Instead, it covers all asset classes of mutual funds, from domestic equity to specialized areas. Thus, you can find a mix of funds to fulfill your strategic investment purposes.

In general, a hedge fund is an investment company that invests its clients' money in alternative investments. It tries to either beat the market or hedge against unforeseen market changes.

Summary

Fidelity offers great promise to all investors who consider working with them with significant experience and performance. Thus, it can be wise to take a more in-depth look into the company and conduct further research.